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A disadvantage of the payback period method for accepting and rejecting capital projects is: A. it is a break-even point. B. It does not favor
A disadvantage of the payback period method for accepting and rejecting capital projects is:
A. | it is a break-even point. | |
B. | It does not favor projects with high early cash flows. | |
C. | it does not account for the time value of money. |
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